Driver 1

Oil & Gas Property in Freestone County, TX

Property Summary

Key data points for Driver 1

CountyFreestone County, TX
OperatorVALENCE OPERATING COMPANY
Production DatesJan 1993 - Jan 2025
Total Oil Production5,005 BBLs
Total Gas Production4,835,044 MCF
Recent Oil Production0 BBLs in Dec 2024
Recent Gas Production2,092 MCF in Dec 2024
Wells on Property2

Our Valuation Estimates for Driver 1

ShaleAssessment

Not Available

MarketMultiple

$5,828 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Driver 1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Driver 1
from Jan 1993 to Jan 2025

Wells on Driver 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-161-30184DRIVER 1VALENCE OPERATING COMPANYProducingFreestone County, TX31.674419-96.235838
42-161-30796DRIVER #1 2TXO PRODUCTION CORP.Plugged Gas WellFreestone County, TX31.680430-96.235342

Leases included in Driver 1

Lease #Lease NameOperatorCountyMonthly Gas Prod.
05-076630DRIVER 1VALENCE OPERATING COMPANYFreestone County, TX
05-108003DRIVER #1 2VALENCE OPERATING COMPANYFreestone County, TX
05-145789DRIVER 1VALENCE OPERATING COMPANYFreestone County, TX
05-146009DRIVER #1 2VALENCE OPERATING COMPANYFreestone County, TX

Nearby Properties

These are the closest 20 properties to the Driver 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Booth Gas UnitFreestone County, TX0 BBLs2,449 MCFJan 2025
BoydFreestone County, TX35 BBLs15,614 MCFJan 2025
Boyd-Pickett Gas UnitFreestone County, TX3 BBLs22,151 MCFJan 2025
Chancellor Unit No. 1Freestone County, TX7 BBLs3,069 MCFJan 2025
Dowell Gas UnitFreestone County, TX0 BBLs2,691 MCFJan 2025
Dunlap Gas UnitFreestone County, TX5 BBLs49,505 MCFJan 2025
Hale UnitFreestone County, TX9 BBLs4,864 MCFJan 2025
Henderson-LottFreestone County, TX3 BBLs16,884 MCFJan 2025
Hullum Heirs Gas UnitFreestone County, TX0 BBLs2,020 MCFJan 2025
King ZenoFreestone County, TX0 BBLs1,823 MCFJan 2025
Middleton RFreestone County, TX4 BBLs3,403 MCFJan 2025
Mitchell J. WFreestone County, TX53 BBLs7,009 MCFJan 2025
Northen Gas UnitFreestone County, TX27 BBLs18,047 MCFJan 2025
Pickett #1 Gas UnitFreestone County, TX3 BBLs9,682 MCFJan 2025
Reed Gas Unit No. 4Freestone County, TX0 BBLs1,412 MCFJan 2025
Reed Gu #4Freestone County, TX1 BBLs5,454 MCFJan 2025
Ruby Middleton GFreestone County, TX3 BBLs3,295 MCFJan 2025
Sneed Gas UnitFreestone County, TX0 BBLs0 MCFSep 2009
WettermarkFreestone County, TX6 BBLs14,093 MCFJan 2025
Zeno King Gas UnitFreestone County, TX5 BBLs12,753 MCFJan 2025

Owners of Driver 1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024VALENCE OPERATING CO (MIN)DRIVERVALENCE
2024BEAIRD RESOURCES INCDRIVERVALENCE
2024TEXAS CANEY CREEK RANCH LLCDRIVERVALENCE
2024UNION OIL CO OF CALIFORNIADRIVERVALENCE
2024SWINBURN O EDRIVERVALENCE
2024SWINBURN OLIVER E & SHIRLEY ADRIVERVALENCE
2024STUVER JOHN JEFFREYDRIVERVALENCE
2024DRIVER FARMS IRREVOCABLE TRUSTDRIVERVALENCE
Displaying 8 of 57 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Driver 1

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
05-145789DRIVER 1Sep 2024PLAINS MARKETING, L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Apr 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Apr 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Mar 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Mar 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Feb 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Feb 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Jan 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Jan 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Dec 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Dec 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Nov 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Nov 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Oct 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Oct 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Sep 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Sep 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Aug 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Aug 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Jul 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Jul 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Jun 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Jun 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1May 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1May 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY